Sudent Loan Consolidation

May 26, 2015

Well, I am going to start this article which will definitely educate you, by republishing the following excerpt The following article excerpt comes from Credit Shield:Discover Bank Sues On Debt it Does Not Own.Who has experience determining ownership of accounts? I'm still looking for info on who has seen proof of ownership from Discover, proof of untruth of their affidavits. See this article: Discover Bank Sues On Debt it Does Not Own February 16th, 2010 . by wcbensley, an Attorney. For a bank to sue someone to collect a debt, the bank must own the debt. Similarly, if I was going to sue you for stealing my car, I would have to prove that I owned the car. I would have to produce a copy of the Title. Seems like simple proposition. So simple, that it is often overlooked by debtors, their attorneys, and the Courts.

This cute little tactic goes on every day and is exactly why you the debtor does not have a chance against these large institutions when you default. Or, how about you simply get something placed on your credit report in error. Better still, who is even aware that this type of stuff goes on, on a regular basis, and many other violations of consumer law designed and put in place to protect you, the consumer.

Well, my friends, at last their is hope for you the beleaguered debt ridden consumer. Article after article I read on what to do about debt problems all start with contacting the creditor or lender. This assumes that they play nice. Well, whose kidding who. They do not play nice which is why you should never take them on alone if you get into trouble. Don't forget that these guys are collecting usually better than 20% interest in a 3% interest world. Do you really think that they are going to play nice?

So why the title. What comes after the ... are the words Credit Shield. What exactly is credit shield? It is a debt validation or forensic debt audit which was approved by the FTC about 5 years ago, and is designed to take on collectors and creditors who simply do not play by the rules. The Credit Shield system invokes the laws and statutes found in the Fair Debt Collection Practices Act, and 8 other laws to protect you from third party debt collectors, fraudulent debt collection practices, and violations of your rights. We work with a nationwide attorney firm for collecting money for you as well when debt collectors violate your rights by calling or continuing collection without verifying the debt. The amazing thing is that it is cheaper than even debt settlement and even more, if you can take it, it is done in about half the time of debt settlement and provides for credit restoration as the final step of the program, at no additional cost! Credit Shield is both the name of the debt relief program and the name of the company which handles the processing and holds the FTC approval. Many of the methods for invalidating a debt used by Credit Shield are proprietary. I can also tell you that this program comes with a 100% money back guarantee!

So, if you find yourself struggling with debt and a low credit score, why not get a free Credit Shield quote and have the program further explained to you. Considering the 100% money back guarantee, you have absolutely nothing to lose.

May 11, 2013

Yes, in an article appearing in Insidearm.com recently,
Elizabeth Warren has introduced a bill with no cosponsors in which the rates
charged by theFederal Government for student loans would be set to the same rate
charged to banks when banks borrow money from the Fed. The bill is Senator Warrens attempt to preempt
the Increase in interest charged on student loans beginning in July of 2013.
Essentially the bill would allow students to borrow at the same rate now
enjoyed by the banks when they borrow money from the Federal Reserve, which is
as of this writing essentially 0.75%.

Average interest rates currently on Federal student loans is 3.4%, but is expected to rise to 6.8% come July 1st. It goes like this, when
banks borrow money to lend to the consumer they get the money at .75%, but make
a very tidy profit, depending on what exactly they charge in interest. It
should be noted here that in 2010 banks were essentially taken out of the student
loan business as they were federalized and brought under the Dep’t of Education
in 2010.

It is anticipated that the federal Government will
bring in about 37 Billion dollars in profit next year on student loans, as
things now stand. It is interesting to note that last year when Congress was
faced with this same issue it elected to put the matter off to this year, and
here we are.

So with all this as background, it is interesting to
note the actual comments
made to the original story when it first appeared in Insidearm.com.

As it is, the Feds under the Dep’t of Education now
offer many debt relief
programs for students struggling under the burden of payments they cannot
afford regarding student loan payments.

You know. Johnny got the degree, but now cannot get a
job, and has the student loan to pay back. He has used up all his deferments
and the defaulted student loans are causing some problems. What sort of
problems you ask? Well, for one thing, if Johnny wants to now work for the
Federal Government, then he has to get his loans under control, because in the Federal
work arena they are somewhat touchy about having debts you are not dealing
with. If you are in the Military, chances are you will not be promoted if you
are just ignoring your debts. Additionally, going back to school to advance
your education, on a student loan, is pretty much not going to happen, until
you correct any default on your current student loans.

The idea that every American is somehow entitled to a
college education
of his or hers choice is a topic for another article.

Now back to what I started to say about the comments on
this article.

Here is one
of them: (name withheld) you are out of touch on student loans. Most students
will never pay back their loans for one reason or other.

(Another:
(name withheld) “Mike, you are out of touch on student loans.”

Of course I
then realized that these comments are posted by debt collectors, because, except
for myself, that’s you reads this publication. They are already not very happy
that they cannot collect in Student loans as of 2010.

But here is
the real bottom line. If you are saddled with a student loan and cannot afford
to make the current payments, there are
many programs now available through the Dep’t of Education which can lower the
payment, and even in some cases make the payment on the interest due on the
loan and reevaluate your situation each year.

I am a
credit counselor, that is my only interest here, and that is to help you live
a debt free life, and so that is my sole purpose for writing this article. So
if you are stuck in a debt situation and need help, whether it is student loans or another
type of debt, please feel free to use one of the phone numbers and links below
for a free credit counseling session, over the phone and see what your options
are, because there are always options, and make it happen for yourself, because
no one can do it for you.

April 20, 2013

So, you graduated. Made your parents proud and feel
accomplished. That is a good thing. However, if you are like many of todays graduates you are drowning in student loan debt. It’s not you, and its definitely not your fault. I have been a Certified Debt Expert for 10 years, and I have seen it all before. However, in today’s world there is a new twist, and it is not about to change anytime soon.

While you were busy getting your education, something big happened. What? It is called the new economy. It’s wiping out the middle class, with the rich getting richer and the poor getting poorer, and it’s not about to change.

The good news is that there is an answer, at least to
your student loan problem, and we at American Debt Enders can help. As one of the top rated debt relief companies nationally, we have teamed up with a company called Student Loan Debt Experts. You may not be aware, but the Department of Education, now has many programs available to make your federal student loans manageable.

Here is just a sampling: Standard Repayment Plan: If client’s income is low now, but client expects it to increase
steadily over time, this plan may be right for them.

Income
Based Repayment or IBR: To qualify for IBR, the client must have a partial
financial hardship. Under this plan, the monthly payments are based on income
and family size.

INCOME CONTINGENT
Repayment (ICR) Plan: This repayment plan is similar to the IBR; requirements and
guidelines are the same, however, the repayment amount is calculated with
different formulas.

These
represent just a few of the options available. So, no reason to stress, but
every good reason to take the following simple action: Simply go to:
consolidate my federal student loans and download the free one page application and return
by email or fax to American Debt Enders, or call 877-766-2465 for a no
obligation consultation and get a free quote on what can be done to help you.

February 04, 2013

Recent
research conducted by Employee Benefit News, which can be found here:The Employee Benefits News points to the fact that the majority of Americans are under significant
financial stress. It is very important to point out that they are not talking
about consumer confidence, they are talking about peoples inability to make
ends meet.

If
you were able to pay all your bills 4 years ago, and were supplementing your
income with occasional credit card use, here and there, then by now you are
probably one of the many trying to figure out why you are no longer able to
meet your financial obligations, even using credit cards.

Those
seeking credit counseling are all using the same words to describe their
situation. Words like, I just don’t understand how I got into this debt
situation? Well, I can tell you exactly why, and most likely it really has
nothing to do with you. One of the causes is the policy of the Federal Reserve
to simply keep printing money and dumping into the US economy in droves. They are
printing so much money that the government has stopped publishing the M1 money
supply. That is exactly how much money is in circulation at any given time.
They do not want to freak you out, is the only way to say it.

All
this printing has led to a devaluation of our currency which is backed by
nothing. In other words the dollars you do have simply buy less. Couple this
with rising prices, and no raises from the company you work for, this is all
part of the new economy, and big trouble is here.

The
solution. There are basically two solutions to this problem. One, you must get
rid of your debt, and now. You
can do this through a debt management program or debt settlement program.
Frankly, if you are missing debt payments, you are better off looking into a
settlement program, because it takes into account your loss of buying power.

The
other solution. To make more money. How you ask. I have written about the fact
that American Debt Enders has signed onto Billionaire Ed Mercers self
empowerment project. Years
in the making, it is designed to allow anyone with a good work ethic to change
their financial life by working from home. You can listen to Ed Mercer himself
explain it by visiting: Ed Mercer Opportunitity

This
project does not require any special skills or training to succeed at.
Additionally, you will be personally mentored by Ed himself, and his team to success.
If this is something you think you may be interested in, please feel free to
contact me using the contact information below. I will be happy to speak to you
about debt or Ed’s program, and if you like I will even put you on the phone
with Ed himself, no recording, and have him explain this opportunity.

December 04, 2012

If
you are struggling to pay your student loans, or, are presently considering
taking on more than you might be able to eventually handle, please do read on.
A bill introduced this week in congress would require your employer to withhold
your student loan payments from your paycheck in exactly the same way that
social security is now withheld. As presently written, this bill would allow up
to 15% to be withheld from you. Yikes!

So
why is this bill even being considered? Student loan debt has surpassed credit
card debt in the United
States for the first time ever. It is
approaching the one Trillion dollar mark! And, continues to grow. So what else
do you think is happening? In this economy it is an easy answer. Student loans
are being defaulted on at an alarming rate. Of course leaving the taxpayer on the
hook, and doing further economic damage to our sputtering economy.

The
problem for you the consumer is that if you are currently defaulting on your
student loans, there are a variety of problems that you set up for yourself.
Military service becomes an issue, as well as Federal employment, and a slew of
other things.

If
you are reading this, now would be an excellent time to take advantage of
programs through the Dep’t of Education for student loan consolidation, and
forgiveness, and a lowering of your present payments.

To
learn more about these forgiveness programs in detail, and download a simple
application to receive an absolutely free evaluation of what is available for
you in terms of relief through the Federal Dep’t of Education,simply
visit: Consolidate My Student Loans.

If
you would like to speak to us about any debt problem you may have simply
contact me using the information below. The counseling is always free.

November 08, 2012

The
student loan debt burden in the United
States has reached a debt equal to the
National debt on credit cards. That number is just under one trillion dollars.
As a credit counselor I speak to people every day who are saddled with student
loan debt amounts of greater than one hundred thousand dollars.

Consider
that your purchasing power and mine has dropped by four thousand dollars in the
last four years, and is it any wonder that consumers once again are defaulting
on not only credit cards but their student loans as well.

Defaulting
on a student loan has far greater negative ramifications than does not paying
on credit cards.

You
cannot file Bankruptcy to eliminate a student loan.

So
what to do, if you have used up your deferments or simply are unable to handle
the monthly payment any longer?

You
need to take action, and not ignore this problem.

Here
Are The Benefits Of Taking Action:

One Payment instead of
multiple payments.
Lower Payment--Income Based Payment Plans Assure An
Affordable Payment.
Get out of Default.
Much Lower Interest Rates.
Existing Defaulted Loans Are Paid Off--Positively
Effecting Credit Scores.
Restores Federal Privileges
Restores Eligibility To Place Loans Back Into
Deferment.

Here Are Some Options You May Qualify For:

STANDARD
REPAYMENT:
This repayment plan saves the client money over time because the monthly
payments may be slightly higher than payments made under other plans, but
client will pay off the student loan in the shortest time

Graduated
Repayment Plan:
If client’s
income is low now, but client expects it to increase steadily over time, this
plan may be right for them

Income Based Repayment (IBR Plan:To
qualify for IBR, the client must have a partial financial hardship. Under this
plan, the monthly payments are based on income and family size.

I(ICR) Plan: This repayment plan is similar to the IBR;
requirements and guidelines are the same,

PUBLIC
SERVICE Forgiveness Program:Under this program, borrowers may qualify for
forgiveness of the remaining balance due on their eligible federal student
loans (Direct Loans) after they have made 120 payments under the IBR, or ICR
plan.

So please, if
you are struggling with your federal student loan debt, you really need to take
action., because taking action is simple, and there is no fee to find out which
student loan debt relief program you qualify for.

Simply visit
us by clickingconsolidate my student loanswhere you can
download a simple application to get the process going at no charge and no
obligation, just like all of our free counseling for credit and debt problems.
After we receive your application a counselor will call you and speak with you.

September 03, 2012

At American Debt Enders, we believe that debt freedom no matter howit is attained equals self empowerment. We also believe that debt reliefalone is not quite the entire story. What about after debt relief, you started focusing on prosperity? Or, are you one of those people who is content to simply sit back and proclaim how badly the world is treating you.

I am sorry. The world does not owe, you or I anything. If you are readyto improve your financial picture and are not afraid of hard work. Even if you are in debt. There is nothing better than resolving a debt problem by making more money. Recently, American Debt Enders put out a press release saying it was adding to its services opportunities to actually make more money.

August 25, 2012

Student loan debt has become in 2012, what credit carddebt was in 2009. Yes, that means one trillion dollars worthof student loan debt. The problem has gotten so bad thatpeople cannot finish their education, because they havefallen to far behind on their current payments, and,having no idea where to turn, simply throw up their hands in frustration.

Here are some interesting facts to prove my point.37 million people in the US have student loan debt.10 million of them have defaulted.The average outstanding debt is 23 thousand and growing.

Here is the good news. The Department of Education, has a student loan consolidation program to consolidate federal student loans.Do not assume beause you loan may have come from a bankthat it is not federal. Let an expert evaluate it.

This is tremendous news for those of you debt oppressed fromstudent loans. Student loan consolidation will provide the following benefits.One lower monthly paymentIncome based payment plans which again allows you to afford the monthly payment.Lower interest rates on defaulted loans from 18% to7%.This is accomplished by paying off the previous loans which eliminates any mention of default, and begins to restore credit scores.The process also eliminates the IRS from keeping your refund,and the entire process takes less than 2 weeks.